XML 49 R38.htm IDEA: XBRL DOCUMENT v3.5.0.2
Supplemental Cash Flow Information (Tables)
12 Months Ended
Dec. 31, 2015
Supplemental Cash Flow Information [Abstract]  
Supplemental cash flow disclosures
Cash flows related to interest and income taxes paid were as follows (in thousands):
 
 
 
Year Ended December 31,
 
 
 
2015
 
2014
 
2013
Interest paid
 
$
5,367

 
$
899

 
$
602

Income taxes paid
 
441

 
74

 
493

In order to determine net cash provided by operating activities, net income is adjusted by, among other things, changes in current assets and current liabilities as follows (in thousands):
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Decrease (increase) in current assets:
 
 
 
 
 
 
Receivables from related party
 
$
(9,589
)
 
$
2,945

 
$
(6,318
)
Prepaid expenses and other
 
95

 
(451
)
 
(9
)
Increase (decrease) in current liabilities:
 
 
 
 
 
 
Accounts payable
 
(631
)
 
(4,778
)
 
2,403

Accrued liabilities
 
636

 
896

 
158

Taxes other than income taxes
 
511

 
31

 
734

Deferred revenue from related party
 
5

 
39

 
85

Changes in current assets and current liabilities
 
$
(8,973
)
 
$
(1,318
)
 
$
(2,947
)
Supplemental cash flow disclosures, noncash activities
Noncash activities for the years ended December 31, 2015, 2014, and 2013 were as follows (in thousands):
 
 
 
Year Ended December 31,
 
 
 
2015 (a)
 
2014 (b)
 
2013 (b)
Receivables from related party:
 
 
 
 
 
 
Debt issuance costs owed to related party
 
$

 
$

 
$
1,071

Offering costs owed to related party
 

 

 
3,223

Amounts due from related party
 

 

 
(5,126
)
Transfer (from) to Valero for:
 
 
 
 
 
 
Indemnification of environmental costs
 

 

 
(85
)
Deferred income taxes
 
(282
)
 
(154
)
 

Property and equipment, net
 

 

 
764

Change in accrued capital expenditures
 
7,088

 
(5,487
)
 
(427
)
Capital expenditures included in accounts payable
 
(5,496
)
 
(786
)
 
(761
)
Reduction to property and equipment, net
due to capital lease obligation modification
 

 

 
913

Noncash capital contributions from Valero Energy Corporation
 
27,748

 

 

Units issued to Valero Energy Corporation in connection with acquisitions
 
170,000

 

 

 
 
 
 
 
 
 
 
(a) Financial information has been retrospectively adjusted for the acquisition of the McKee Terminal Services Business.
(b) Financial information has been retrospectively adjusted for the acquisitions of the Corpus Christi Terminal Services Business and the McKee Terminal Services Business.